Section 19881 - Conduct of controlled gambling among purposes in articles of incorporation(a) A corporation is not eligible to receive a license to own a gambling enterprise unless the conduct of controlled gambling is among the purposes stated in its articles of incorporation and the articles of incorporation have been submitted to and approved by the department.(b) The Secretary of State shall not accept for filing any articles of incorporation of any corporation that include as a stated purpose the conduct of controlled gambling, or any amendment thereto, or any amendment that adds this purpose to articles of incorporation already filed, unless the articles have, or amendment has, been approved by the department.Ca. Bus. and Prof'l. Code § 19881
Amended by Stats 2013 ch 352 (AB 1317),s 48, eff. 9/26/2013, op. 7/1/2013.Renumbered from Ca. Bus. & Prof. Code §19871A and amended by Stats 2002 ch 738 (AB 2431), s 66, eff. 1/1/2003.Former section 19881 renumbered as Ca. Bus. & Prof. Code §19891 by Stats 2002 ch 738 (AB 2431), s 70, eff. 1/1/2003.